ECB's Issing doesn't rule out rate cut

In an interview with German weekly magazine Der Spiegel, ECB chief economist Otmar Issing said he did not think the recent "no" votes in France and the Netherlands were adversely affecting the currency.

Asked about market sentiment indicating that euro interest rates could be cut, economist Otmar Issing said: "In the past, the financial markets have almost always anticipated the monetary policy decisions of the ECB."

"The ECB does not line up (its policies) with market predictions, but it is very

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